Dresdner fire sale deadline

By

Richard Irving

March 27, 2000 6:00 pm GMT

Chase Manhattan, Lehman Brothers, Bank of America and Donaldson, Lufkin & Jenrette will today be asked to sign confidentiality agreements as part of ongoing negotiations which could lead to the break-up of Dresdner Kleinwort Benson.

The banks are understood to have expressed an interest in buying all or parts of Dresdner's investment banking operation following hints last week that Deutsche Bank will consider putting the unit up for sale.